Name U. S. Bankruptcy & Consignment Auto & Equipment Auction 11-5
Auctioneer Lawler Auction Company
Type Online-Only Auction
Date(s) 11/5/2020
Thursday, November 5, 2020 at 6:30pm CST (Online Internet Auction)
Preview Date/Time Thursday, November 5, 2020 from 1pm to 5pm.
Checkout Date/Time Friday, November 6, 2020 from 9am to 5pm.
Location 7781 Highway 1 North
Shreveport, LA 71111
Buyer Premium 15% BUYER'S PREMIUM
Description
We have been commissioned by the United States Bankruptcy Court as well as other agencies, companies, and individuals to auction off a large assortment of vehicles and equipment to the highest bidders. This auction will be an online only auction that is set to close on Thursday evening, November 5, 2020 at 6:30pm CST, beginning with Lot # 1 and with each subsequent lot closing approximately 7 seconds behind the other. This will be a soft close therefore it will create a live online auction at that time, extending the bidding out 2 minutes every time a last minute bid is placed.
Auction Terms & Conditions This auction will begin to close on Thursday night, November 5, 2020 beginning at 6:30PM CST, beginning with Lot # 1, and with each subsequent lot closing approximately 7 seconds behind the other. This will be a soft close auction, which means that the bidding will be extended out for two minutes on any last minute (or sniper) bid that is placed, giving other bidders an opportunity to increase their bid amounts. This will basically create a live auction, but all online. There is a 15% Buyer's Premium on all of our online auctions (10% Buyer's Premium plus the 5% Convenience fee, for a total of 15% Buyer's Premium). Payment must be made in cash or by bank wire no later than 11am on Friday, November 6, 2020, at The Lawler Auction Company offices located at 7781 Highway 1 North, Shreveport, Louisiana 71107. If payment is not made by that time, the credit card on file will be charged and the 3% surcharge will apply. No items may be picked up until the items are paid in full. All items are sold "as is" without warranties or guarantees of any kind whatsoever. Therefore it is the duty of the bidder to carefully inspect all items before placing a bid. The descriptions are believed to be correct however it is the bidder's responsibility to make sure that the descriptions are correct. Lawler Auction Company is not under any obligation to disclose any faults of the merchandise being sold. It is the duty of the Bidder to inspect carefully before placing a bid. All vehicles, tractors, and equipment should be inspected carefully by a qualified professional before operating, and all vehicles must have insurance before being driven. Those paying with cash can pick up their vehicle titles on the Friday, November 6, 2020 from our notary office at the Lawler Auction Facility, located at 7781 Highway 1 North, Shreveport, LA. 71107. Titles will not be mailed, however we will be happy to keep them on file for 30 days at our office and they can be picked up by appointment by calling Caitlin at (318) 406-0101. All items must be removed from the auction site on Friday, November 6, 2020 otherwise items left at the Lawler Auction Facility will be subject to a storage fee of $9 per day, and auctioneer shall have the authority to dispose of or sell any item left on auction site after 5 days (at auctioneer's sole discretion). However Lawler Auction Company, it's Consignors, agents, officers, owners, and employees are not to be held responsible or liable for any item left on the auction property regardless of when the items are picked up. Buyer is solely responsible for the security of the items purchased and therefore should remove items from the auction site immediately. If you cannot pickup your items on the pickup day, we recommend that you call our office to make an appointment before driving out to pickup your items, as our staff may be off-site setting up other auctions and unable to assist you. Absentee bids for certain items may be placed, however this is done as a courtesy for auction patrons who cannot be at the live auction. Bidders fully understand that the internet and the computer system must be fully functional at the time of the auction, otherwise internet absentee bids may be lost or unavailable at the time of the auction. In the event that the bids are not available at the time of the auction, the auctioneer must rely fully on live bidders who are at the auction, and at such time the absentee bids will become void. As a general rule, a tie bid between an absentee or internet bidder is awarded to the bidder who is present at the auction. For other auction terms and conditions, please visit www.lawlerauction.com and click on Buyer Terms & Conditions or read your bidder contract. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 25.00 1.00 USD
25.01 - 50.00 2.50 USD
50.01 - 300.00 5.00 USD
300.01 - 500.00 10.00 USD
500.01 - 1,000.00 25.00 USD
1,000.01 - 2,000.00 50.00 USD
2,000.01 - 3,000.00 100.00 USD
3,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 500.00 USD
100,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 15% BUYER'S PREMIUM
Payment Terms
Cash or Bank Wire Payments are due no later than 11am on Friday, November 6, 2020. Credit card will be charged beginning at 11am on Friday, November 6, 2020 and the 3% credit card surcharge will apply.
Shipping is the responsbility of the Buyer.